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Mark MEng
Chief Technology Analyst at May Figures (Chartered Accountants / Tax Advisors specialising in R&D Tax Credits), Startup Investor (debt/equity), author of "Funding Software Innovation"
Professional Background
Mark MEng is a seasoned technology expert with over two decades of extensive experience in technology and software development, spanning across vibrant startups in the USA, India, and influential companies within the AIM UK market. His journey is marked by a profound commitment to innovation and excellence in the software and fintech sectors. Mark has distinguished himself through an incredible portfolio, having prepared over 1,500 Research & Development (R&D) Tax Credit claims since 2010. His specialization in complex software and fintech claims has positioned him as a go-to authority within this niche area.
Mark is particularly adept at guiding companies through the intricacies of R&D claims, having successfully advised nine organizations during HM Revenue & Customs (HMRC) R&D claim investigations—demonstrating his meticulous attention to detail and his deep understanding of the legal frameworks involved in technology funding. Furthermore, his entrepreneurial spirit is evidenced by managing and founding several successful organizations, showcasing his versatility across various roles throughout his career.
Education and Achievements
Mark’s educational background is both diverse and distinguished. He completed his secondary education at Weald School, Billingshurst before pursuing a full-time MEng degree in Electronic and Structural Materials Engineering at the prestigious University of Oxford’s Keble College, where he graduated with a Double 1st Class honor. This strong foundation in engineering set the stage for his advanced studies—Mark later earned a part-time PhD in Computer Science and Electronic Systems Engineering from Cardiff University, further establishing his technical prowess.
Mark’s quest for knowledge didn't stop there; he also earned Post Graduate Certificates in Intellectual Property Law, where he achieved a distinction in Patent Law from Bournemouth University, and in Technology Management from The Open University. This multifaceted understanding of law and technology enhances his capability to navigate the complexities of tech innovation and regulations, solidifying his position as an expert in R&D tax claims.
Career Journey
Mark's illustrious career features a range of roles that underscore his expertise in technology and consultancy. He is currently serving as the Chief Technology Analyst at May Figures Ltd, a role that encapsulates his extensive understanding of tax advisement and technology integration in the finance sector. His previous experiences include Senior Technical Analyst at GovGrant and Technical Analyst at Braithwaite Innovation Funding, where he contributed significantly to providing strategic insights into R&D tax credits.
Moreover, Mark's entrepreneurial journey took a major leap when he founded 1851 Technology Consulting Ltd, where he served as the Managing Director, showcasing his drive to innovate and lead in the technology space. His roles as UK Managing Director at Travancore Analytics and Implantaire Technologies exemplify his adaptability and skill in steering businesses to success. He has also held general managerial roles at Elektron Instruments, where he contributed to technological advancements within the organization.
Mark effectively juxtaposed engineering and leadership roles in his past, having served as Engineering Director at OMP Foods, and both CEO and CTO at Spectral Fusion Technologies, where his leadership guided teams in achieving substantial technological breakthroughs.
His earlier career paved the way with roles including Senior Electronic Systems Engineer at TransTec Group PLC and Electronic Systems Engineer on a graduate training scheme within the same company, allowing him to build a solid foundation in electronics engineering. Mark’s initial foray into research was marked by a student trainee position in Semiconductor Physics at Philips Research Laboratories, a role that sparked his enduring passion for technological innovation.
Notable Contributions
Mark has demonstrated remarkable contributions to the field of technology through various initiatives and accolades. His commitment to assisting companies in securing R&D tax credits reflects his dedication to fostering innovation in the UK technology landscape. His extensive knowledge of R&D-related aspects, combined with his hands-on experience with claims preparation, brings significant value to tech companies navigating fiscal environments.
In addition to his advisory role, Mark is in the process of completing a book focused on Software R&D Tax Credits claims, which promises to serve as an invaluable resource for startups and established businesses alike looking to leverage R&D tax incentives. His financial acumen is further illustrated as he manages a £500,000 R&D Loan Fund aimed at empowering innovative companies.
Future Directions
Mark MEng's trajectory in the evolving sphere of technology and software is poised for exciting developments. With his adept understanding of R&D claims and a vision to educate others through his forthcoming publication, he remains at the forefront of advancements in technology financing. His ability to navigate the challenges of the tech industry while fostering growth and innovation makes him a vital contributor to the field.
tags':['R&D Tax Credits','Software Development','Fintech Expertise','Technology Consulting','University of Oxford','PhD in Computer Science','Tax Credit Claims Advisor','Corporate Tax Consultant','Leadership in Tech','Engineering Management','HMRC Investigations','Innovative Technology Solutions','UK Startups','Educational Accomplishments','Research and Development','Expert on Grants'],
questions':['What motivated Mark MEng to write a book on Software R&D Tax Credits claims?','How has Mark MEng’s educational background influenced his career in technology consulting?','What strategies does Mark MEng employ to help companies successfully navigate HMRC R&D claim investigations?','In what ways does Mark MEng envision the future of R&D tax credits impacting technology startups in the UK?','How did Mark MEng develop his extensive expertise in the fintech sector?']} }}